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#KPMGManufacturingSurvey
71% of manufacturers indicated that the zero income tax on salaries of less than KSh 24,00 was the most helpful whereas the least helpful economic measure was the reduction of VAT from 16% to 14%
#KAMCares
71% of manufacturers indicated that the zero income tax on salaries of less than KSh 24,00 was the most helpful whereas the least helpful economic measure was the reduction of VAT from 16% to 14%
#KAMCares
#KPMGManufacturingSurvey
Impact of #COVID19 on SMEs: challenges in access to finance, greater cash flow constraints and bigger drop in demand and turnover
#KAMCares
Impact of #COVID19 on SMEs: challenges in access to finance, greater cash flow constraints and bigger drop in demand and turnover
#KAMCares
#KPMGManufacturingSurvey
81% of manufacturers are not likely to collapse due to the impact of #COVID19. 76% of SMEs are not likely to collapse. 64% have put in place mitigation measures with 80% being resilient based on past experience.
#KAMCares
81% of manufacturers are not likely to collapse due to the impact of #COVID19. 76% of SMEs are not likely to collapse. 64% have put in place mitigation measures with 80% being resilient based on past experience.
#KAMCares
#KPMGManufacturingSurvey
Manufacturers' top priorities - reducing costs, job retention and improving cash flows
#KAMCares
Manufacturers' top priorities - reducing costs, job retention and improving cash flows
#KAMCares
#KPMGManufacturingSurvey
More than 90% of manufacturers have adhered to workplace guidelines and protocols to curb the spread of #COVID19KE.
91% of non-essential goods manufacturers have seen a significant fall in demand.
#KAMCares
More than 90% of manufacturers have adhered to workplace guidelines and protocols to curb the spread of #COVID19KE.
91% of non-essential goods manufacturers have seen a significant fall in demand.
#KAMCares
#KPMGManufacturingSurvey
42% of manufacturers are currently operating at half capacity with the average utilized capacity for SMEs being 37%
76% are facing difficulties in sourcing of raw materials with 67% facing challenges in accessing markets.
#KAMCares
42% of manufacturers are currently operating at half capacity with the average utilized capacity for SMEs being 37%
76% are facing difficulties in sourcing of raw materials with 67% facing challenges in accessing markets.
#KAMCares
Manufacturing is critical to Kenya's economy. We know the sector has been hit by some of the restrictive measures - @IndustryKE CS, @maina_betty
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
CS @IndustryKE @maina_betty - We have developed guidelines and protocols to guide businesses as they operate during this critical time.
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
The protocols for safe operations are elaborate and businesses have continued to adhere to them. We shall work with the entire business community to internalise the protocols for safe business operations - @IndustryKE CS @maina_betty
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
Benson Ndung’u, @KPMGEastAfrica CEO & Senior Partner - This survey has come at a critical moment because there is great optimism in the manufacturing sector. We applaud the government for their role in handling the health situation.
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
Benson Ndung’u, @KPMGEastAfrica CEO & Senior Partner - What we are now looking at is saving livelihoods. We want to have the economy start picking up again after this crisis.
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
Benson Ndung’u, @KPMGEastAfrica CEO & Senior Partner - The report will inform government on the impact of the stimulus package & where we can we focus on to rebound the economy. #COVID19 will end, & we shall come out stronger as a country.
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
KAM Chair @GudkaSachen - Coronavirus has disrupted the ‘normal’ way of life in all aspects, from economic to social. Industry is currently operating in a constrained economic environment.
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
KAM Chair @GudkaSachen - We're facing challenges in sourcing of raw materials, diminishing stock, limited operations, limited production & highly controlled movement of goods & services, attributed to measures to curb the spread of the virus
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
We partnered with @KPMGEastAfrica to conduct a survey on the impact of the current pandemic on the manufacturing sector, to further ascertain the possible impact of the mitigation measures - KAM Chair @GudkaSachen
#KPMGManufacturingSurvey
#KAMCares
#KPMGManufacturingSurvey
#KAMCares
